3361 to 3365
3357 to 3359
Bot three separate lots (uneven share amounts)
3348 , 3335 , 3321
Sold some at 3349 (partial fill) rest at 3332. (Buying on dips is not dead, averaging in works.)
Booked!
One way to protect yourself is to only invest 30% of your capital. This can be done by dividing up the 30% into 15, or more, even investment amounts. Food for thought?
Last night I got NFLX at 495, sold at 515 today (actually got the high for the day). Re-bot NFLX 505, sold 510.
TSLA, 698 to 701 - got the low for the day there and sold too soon.
I have traded options in the past but not with my nearly 100% success rate as with trading stocks. That 30% figure you mention there would not apply to me. For me to put 30% of my accounts into options at any given time would probably drive the price of the given option through the roof. And would not be that smart - would represent simply too much money put at risk.
I prefer the actual stock. If things go against me time is on my side, and I just average in or ride it out and the stocks I trade always come back to give me a profit.
I suspect that any options trader who had the funds to trade the actual stock would prefer to trade the actual stock. I believe that most options traders can't afford to trade the stock so they gamble on trying to make a lot with a little.
I may be a day trader / swing trader but I am actually pretty conservative in my goals.
Quote: WellbushYou know you may be able to accelerate your investment returns, MD, by investing in options. I understand you may not have time to understand or invest therein, but there are subscription services who can do all the work for you.
One way to protect yourself is to only invest 30% of your capital. This can be done by dividing up the 30% into 15, or more, even investment amounts. Food for thought?
You can't come up with $2k to pillage the casinos but you can figure out how to help a long term, million dollar a position investor, like MDawg? Thanks for the advice. Your deep insight into MDawg's finances to teach him how to 'protect himself' by only investing "30% of his capital' is a golden nugget of advice. Please tell us what to do with his other 70%.....
I did make a trade today! BETZ in and BETZ out for a +$160! I lost a bunch over the last two days but it was probably proportional to the overall market. Still underwater on NAK, NOK, and now NBEV. Perhaps I shouldn't buy stocks that start with N?
Quote: SOOPOOYou can't come up with $2k to pillage the casinos but you can figure out how to help a long term, million dollar a position investor, like MDawg? Thanks for the advice. Your deep insight into MDawg's finances to teach him how to 'protect himself' by only investing "30% of his capital' is a golden nugget of advice. Please tell us what to do with his other 70%.....
I did make a trade today! BETZ in and BETZ out for a +$160! I lost a bunch over the last two days but it was probably proportional to the overall market. Still underwater on NAK, NOK, and now NBEV. Perhaps I shouldn't buy stocks that start with N?
Well how is Netflix doing?
FYI... NFLX as of Apr 21 12:48 PM ETQuote: darkozWell how is Netflix doing?
509.74 -39.83 -7.25%
I expect MDawg sold his at 548 or so. $:o)
Quote: OnceDearFYI... NFLX as of Apr 21 12:48 PM ET
509.74 -39.83 -7.25%
I expect MDawg sold his at 548 or so. $:o)
A few posts back MDawg mentioned he bought at 495. So he must have made a profit as it broke 500. I don’t own any Netflix. I made money on two trades today. BETZ mentioned earlier, and TRIP. It’s easy to make money when Dow, Nasdaq, and S&P are all up.
In the few minutes it took me to post this it’s up to $70.05.
I joined you SooPoo, on COIN, at 301. Doesn't look too good it's already lower, may decide to average in, but probably will just leave it alone for today see how it goes tomorrow. If it gets back to 304 or so, will probably dump it today.
I re-bot NFLX at 504 today too.
(As far as the NFLX @ 495 I bot on earnings night, I disposed of those trading shares the next day, and wrote about it here.)
I unfortunately am in COIN at $325. But not looking to trade. I’d be happier if I was in at the present $296 though....
I have been buying some long term bonds paying between 3 and 4%. Limits my variance when market is down.... and up....
Quote: MDawgTSLA reports Monday the 26th. AMZN Thursday the 29th.
I always feel that the earnings, despite theoretically not released until the official release, are leaked to some unethical people. I fell like I will never be amongst the ‘in the know’ crowd and won’t guess one way or the other based on an earnings date. Plus sometimes earnings ‘best’ estimates but don’t beat a ‘whisper number’ and the stock plummets.
Any thoughts on my thoughts?
Are earnings leaked? Yes, it may happen, but if it does happen it is leaked to so few that it's not going to make a difference one way or another before the bell.
I was privy to information once. Did I act on it? I will never say.
Quote: MdawgrukesMmmmmm we bet on you everyday winning nrbouyvff vim sucking us offbeat you are the best until the toll rings for you and misses jefff decides itvs overs for you and misseres mike sellojgrd youuuhgb outtt fitbtidhbeasyyyhgrhb dolleardsgj [/q
Good talk.The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
As far as why TSLA dumped (and continues to dump today), notwithstanding beating on earnings and revenue, with solid delivery numbers, the street is concerned that most of the EPS is coming from bitcoin profits and regulatory credits.
What it comes down to - is that the stock market is governed by emotions. For whatever reasons, the emotions of TSLA traders interpreted the news negatively, at least for now.
Still, it's not exactly a cataclysmic drop, especially considering that we are still over 700. I'd look for this to drift back over 800 after some of the suckers sell out.
Quote: MDawgAMZN meantime, has been popping since yesterday not just based on earnings ramp up excitement, but rumors of a stock split.
I never understood why people assume stock splits are good. Especially now with fractional shares available.
Why? Who knows why people look at it that way, but I recall all the mornings I would wake up and my NFLX that I bought and have held continuously for about a decade now if not longer JUMPED.
Edit.... so I own G (Genpact). Up around 7% today. Why? Better earnings? No. Better revenue? No. Better estimates for those in the future? No. Any news about the company’s products, efficiencies, hiring, acquisitions? No.
It is being added to the S & P mid cap 400 index. That’s it. It is stupid!!!!
Any stock that becomes part of the S&P roars. TSLA is an example. Partly hype, also merely that fund managers must then buy it.
Do NOT let go of your long term AMZN shares...ever.
Lot of easy trades available on AMZN today.
As stated, NEVER sell your long term AMZN shares though. Hodl just like bitcoin.
I knew enough at that point to leave it alone...but just consider...up +124 in AH last night, and closed today a few points in the red! I mean that's really something else. A lot of people got creamed today.
Main reason AMZN moves up and down like that is too many wannabee get rich quick types with no patience who dump their barely-can-afford-to-be-in-this-market options or shares at the first sign of blood.
Hoping AMZN will re-roar into the 3600s this week.
Quote: MDawgFutures currently green but nothing big.
Hoping AMZN will re-roar into the 3600s this week.
AMZN "on sale" today! Buying opportunity for MDawg! I still own that TSLA I think at around $687. It was over $700 but I think I got greedy and had a $711 sell and didn't make it. I did flip some TRIP and made a few hundred $. Overall a pretty big up day for me.
I'd rather just have AMZN higher though, and back over 3400, soon!
I will be averaging in more COIN at 271 if it drops that low (my basis is 301, and I was trying to get 311 all last week never quite got there).
Very bloody day long term wise though.
TSLA likes being $666 I have noticed.Quote: MDawgI did an AMZN trade from 3318 to 3325 today, and a couple yesterday.
I'd rather just have AMZN higher though, and back over 3400, soon!
I will be averaging in more COIN at 271 if it drops that low (my basis is 301, and I was trying to get 311 all last week never quite got there).
COIN is just really dependent on BTC, so really depends on what you think BTC will be as there is a relationship.
This one needs to get back over 3400 though, for the sake of my long term holdings.
So I think. *gulp*
Turns out that reason AMZN tanked Mon/Tu, or the primary reason, was that Bezos was dumping shares, which - he does every year anyway, but he dumped a lot this week.
Bezos sells nearly $2 billion worth of Amazon shares
Meantime, BTC has recovered, but COIN has not. I have not averaged in any more shares.
I'm waiting on the COIN if I ever do decide it's something worth speculating on any more than I have already. I'm locked in TSLA puts doing well depending what minute it is. At least got more on an uptick. Guess you're looking at it as an opportunity to buy more and get it back in months, years or decades.Quote: MDawgAMZN 3255 to 3260. It went a tad lower but there was no way I was going to allow the booking of less than a K on that trade.
Turns out that reason AMZN tanked Mon/Tu, or the primary reason, was that Bezos was dumping shares, which - he does every year anyway, but he dumped a lot this week.
Bezos sells nearly $2 billion worth of Amazon shares
Meantime, BTC has recovered, but COIN has not. I have not averaged in any more shares.
I think the time is now. Let's see what happens, that was then. There have been some big puts thrown out. Maybe Ark is the one to hit. I bought more on TSLA at the open, glad I did. I really want to say it's popping, but SNL worries me, he is like a pied piper. I only have 5 puts, but they'll all be in the money tomorrow and all my gold calls are popping. If you want to try a call, do WFC(maybe).Quote: MDawgMost options expire worthless - you know that, right? And for YEARS now puts / shorting have worked only short term given the massive bull run in the stock market as a whole.
Quote: onenickelmiracleI think the time is now. Let's see what happens, that was then. There have been some big puts thrown out. Maybe Ark is the one to hit. I bought more on TSLA at the open, glad I did. I really want to say it's popping, but SNL worries me, he is like a pied piper. I only have 5 puts, but they'll all be in the money tomorrow and all my gold calls are popping. If you want to try a call, do WFC(maybe).
All your Tesla puts expire 5/7? What price?
$677, $680, $687.Quote: unJonAll your Tesla puts expire 5/7? What price?
https://www.marketwatch.com/story/oversold-ark-innovation-etf-due-for-bounce-but-trouble-may-loom-for-market-if-it-doesnt-chart-watcher-says-11620235060?siteid=yhoof2&mod=mw_RHF
Funny how that changes so much from minute to minute. Lately good is bad and bad is bad.Quote: MDawgEven though job numbers missed, AMZN (especially) and TSLA as well are green in the pre.
Over all, the tech market has taken a beating this week and is due to recover, if not today, soon.
AMZN was actually up +50 ! now under +20.